I’m not really a nuclear physicist, but since it’s the weekend I’ll try to answer.
First, the half-life and radioactivity of a given isotope are (obviously) inversely related. An element with a short half-life will be very active until, after a few half-lives have elapsed, it has essentially all decayed away. You’re trying to compare to natural uranium ore, which is predominantly [sup]238[/sup]U with a half-life of 4 billion years; so not until most of the elements with shorter half-lives have decayed away will the sample’s activity really approach this level. This may take hundreds of millions of years, if your sample has some long-lived isotopes.
Of course after such a long time the sample is not very radioactive any more; setting such a threshold probably doesn’t make much sense if you’re just trying for some measure of safety. (Also remember that the safety of a radioisotope, and the amount of shielding required against it, depends not only on its half-life but on its decay mode (alpha, beta, or gamma).)
This is somewhat complicated by the fact that other isotopes may decay into these short-lived products, causing a rapid cascade of several decays until reaching a relativly stable product. But the lifetime of the radioactive sample will be dominated by the lifetime of a few long-lived unstable isotopes, and in the long view all of the short-lived stuff can be ignored.
You can follow the likely decay paths of a given isotope (if you happen to know the composition of your original sample) on a table of nuclides like this one. The colors indicate lifetimes; if you’re interested in Myr timescales, for example, then you can safely ignore anything that’s not dark blue or black. For example, [sup]243[/sup]Am decays via alpha to [sup]239[/sup]Np, with a half-life of ~7Kyr (alpha decays move two rows down and two columns left). [sup]239[/sup]Np has a rapid beta decay (half-life ~2day) to [sup]239[/sup]Pu (beta- decays move one row up and one column left). Then [sup]239[/sup]Pu, alpha 24Kyr to [sup]235[/sup]U, alpha 700Myr to [sup]231[/sup]Th, beta- 1day to [sup]231[/sup]Pa, alpha 30Kyr to [sup]227[/sup]Ac, beta- 20yr to [sup]227[/sup]Th, alpha 20day to [sup]223[/sup]Ra, alpha 12day to [sup]219[/sup]Rn, alpha 4s to [sup]215[/sup]Po, alpha 2ms to [sup]211[/sup]Pb, beta- 40min to [sup]211[/sup]Bi, alpha 2min to [sup]207[/sup]Tl, beta- 5min to [sup]207[/sup]Pb, STABLE.
This looks somewhat complicated, but notice that from the long view there are really only four isotopes to be seen: the original [sup]243[/sup]Am (7Kyr), [sup]239[/sup]Pu (24Kyr), and [sup]235[/sup]U (700Myr), and [sup]231[/sup]Pa (30Kyr) (and the final Pb). The stable isotopes are generally clustered along a “valley” in this chart; for heavy elements the valley runs generally east-northeast, as you can see. Elements tend to decay northwest or southeast toward the valley (via beta decay/electron capture) if they are outside of it, and otherwise via alpha decay southwestward to a stable isotope.
As for isotope separation, the problems with processing radioactive material are mostly practical. The materials used for handling will probably end up somewhat radioactive (by contamination and by alpha capture), so you end up with a lot of low-level waste. This low-level waste is probably not actually very dangerous, but at least with current regulations it must be handled fairly carefully anyway. There is also the possibility of a handling accident to consider.
On preview, I see that Stranger covered most of this better than I did. At least I’ve got a link.